Mahindra & Mahindra, Bajaj Auto and Hero Motocorp jumped 1-2 percent post auto sales data for June. Shares of Reliance Industries, State Bank of India and ITC rose 0.5-1 percent.Sensex holds 28000 amid consolidation; Reliance, SBI gainThe Indian markets took a breather in the morning deals on Thursday after two days of gains. The BSE benchmark Sensex edged lower and 50-share Nifty was hovering around its crucial psychological level of 8,450.
The Sensex fell 33 points to 27,987 and the Nifty slipped 5 points to 8,448.
Meanwhile, in the opening deals, some amount of selling was visible in banking, power, technology and capital goods stocks. On the other hand, buying interest was seen in select oil & gas, realty, FMCG and pharma stocks.